Praj Industries Share Price: PRAJIND operates within the engineering and construction industry and is listed on both the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE).
In this detailed post, we will explore PRAJIND’s share price targets for 2024, 2025, 2026 and up to 2030. For long-term forecasts, we will use various technical analysis approaches to predict targets up to the year 2030.
To forecast the price of PRAJIND up to 2030, we will use a machine learning approach, training the forecasted data on past performance. Praj Industries Ltd, known for its significant presence in the Indian stock market, has shown various trends over the years.
In this section, we will discuss PRAJIND’s current market position, its growth path and how external market factors may affect its price performance up to 2030.
Praj Industries Company Overview
| Company Name | Praj Industries Limited |
| Founded | 1983 |
| Headquarters | Pune |
| Industry | Manufacturing, engineering, and service |
| Chairman | Dr. Pramod Chaudhari |
| Stock Exchange Listing | NSE & BSE |
| Official Website | praj.net |
Praj Industries Fundamental Analysis
| Metric | Value |
|---|---|
| Market Cap | ₹14,705.97 Cr. |
| ROE | 24.13% |
| ROCE | 31.69% |
| P/E | 49.54 |
| P/B | 11.33 |
| Div. Yield | 0.75% |
| Book Value | ₹70.58 |
| Face Value | ₹2 |
| EPS (TTM) | ₹16.15 |
| 52 Week High | ₹853.30 |
| 52 Week Low | ₹448 |
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Praj Industries Financials
Income Statement
| (INR) | 2024 | Y/Y change |
|---|---|---|
| Revenue | 34.66B | -1.75% |
| Operating expense | 8.47B | 9.32% |
| Net income | 2.83B | 18.17% |
| Net profit margin | 8.17 | 20.15% |
| Earnings per share | 15.42 | 18.16% |
| EBITDA | 3.48B | 15.10% |
| Effective tax rate | 24.92% | — |
Balance Sheet
| (INR) | 2024 | Y/Y change |
|---|---|---|
| Cash and short-term investments | 6.14B | 1.92% |
| Total assets | 28.95B | 10.57% |
| Total liabilities | 16.21B | 5.21% |
| Total equity | 12.75B | — |
| Shares outstanding | 183.81M | — |
| Price to book | 11.59 | — |
| Return on assets | 7.43% | — |
| Return on capital | 15.98% | — |
Cash Flow
| (INR) | 2024 | Y/Y change |
|---|---|---|
| Net income | 2.83B | 18.17% |
| Cash from operations | 1.99B | 22.98% |
| Cash from investing | -101.18M | 88.02% |
| Cash from financing | -1.24B | -32.65% |
| Net change in cash | 698.34M | 886.88% |
| Free cash flow | 701.77M | -33.90% |
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Praj Industries Share Price Target From 2024 to 2030
| Year | Target Price |
|---|---|
| Praj Industries Share Price Target 2024 | ₹831 |
| Praj Industries Share Price Target 2025 | ₹995 |
| Praj Industries Share Price Target 2026 | ₹1133 |
| Praj Industries Share Price Target 2027 | ₹1345 |
| Praj Industries Share Price Target 2028 | ₹1657 |
| Praj Industries Share Price Target 2029 | ₹1970 |
| Praj Industries Share Price Target 2030 | ₹2191 |
Praj Industries Shareholding Pattern
- Retail & Other: 30.83%
- Promoters: 32.81%
- Foreign Institutions: 19.03%
- Mutual Funds: 16.20%
- Other Domestic Institutions: 1.14%
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Praj Industries Competitors/Peer Companies
- HAL
- Jupiter Wagons
- BEML
- Titagarh Railsystems
- Azad Engineering
- Texmaco Rail
- Skipper
- MTAR Technologies
- Kabra Extrusion
Also Read: Aarti Industries Share Price Target
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FAQs
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What is the Praj Industries Ltd Share Price Prediction 2025?
By 2025, the share price target for Praj Industries is 995 INR. The company’s commitment to sustainability and its focus on developing eco-friendly solutions will attract more investors. Praj’s expertise in bio-based technologies and its partnerships with global players will further improve its market position.
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What is the Praj Industries Ltd Share Price Prediction 2026?
Looking ahead to 2026, Praj Industries’ share price is projected to reach 1133 INR. The company’s strategic initiatives to expand its international footprint and diversify its product portfolio will drive growth. Praj’s continued investment in research and development will ensure its technological edge in the industry.
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What is the Praj Industries Ltd Share Price Prediction 2027?
In 2027, the share price target for Praj Industries is 1345 INR. The company’s ability to deliver high-quality engineering solutions and its focus on customer satisfaction will contribute to its market growth. Praj’s strong financial performance and its efforts to improve operational efficiency will also play a key role in achieving this target.
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What is the Praj Industries Ltd Share Price Prediction 2029?
As we move towards 2029, the share price target for Praj Industries is 1970 INR. The company’s strong project execution capabilities and its ability to meet diverse customer requirements will ensure stable growth. Praj’s emphasis on sustainability and its efforts to reduce carbon footprint will attract environmentally conscious investors.
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What is the Praj Industries Ltd Share Price Prediction 2030?
Finally, in 2030, Praj Industries’ share price is projected to reach 2191 INR. The company’s long-term vision and its commitment to innovation will drive its success. Praj’s strong leadership and ability to adapt to changing market dynamics will establish it as a leader in the manufacturing, engineering and services industries.
Disclaimer: The information in this blog is for educational purposes only, and the targets mentioned in it are given as suggestions by market analysts. Therefore, before investing your money in any company, it is mandatory to get complete information about the company and consult your financial advisor.
